LONDON — Expect more signs of good health for the luxury sector on Thursday, when Italy’s Tod’s SpA is due to present its third-quarter numbers.
Speaking at the International Herald Tribune’s luxury conference here, Tod’s chairman and chief executive Diego Della Valle said the numbers will be strong.
“There’s been growth in the third quarter. Tomorrow’s going to be a happy day for me,” Della Valle said.
He also addressed his investment in Saks Fifth Avenue, in which he hold a 19.1 percent stake.
“There are few temples of quality that remain. I think Saks has a lot of potential. The combination of e-commerce and a store like Saks can be explosive in a positive way in the future.”